The bullion industry expects the government to announce significant reduction in import duty on gold in the upcoming Budget 2020. It must be noted that gold imports are curren jewellery industry tly levied customs duty of 12.5% and an additional 3% as GST.
Gold price
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Gold Prices Traded in a narrow $3 Range
Gold prices traded in a narrow $3 range on Monday as strong U.S. economic data encouraged investment in riskier assets while limited risk hedging supported the metal.
US-CHINA में ट्रेड डील साइन होने से क्रूड में खरीदारी
US-चीन ट्रेड डील और कमजोर डॉलर इंडेक्स में सपोर्ट बना हुआ है। अमेरिका-चीन में ट्रेड डील साइन होने से क्रूड में खरीदारी देखने को मिली है। नए साल में डिमांड बढ़ने की उम्मीद से सहारा मिला है। सोने-चांदी में निचले स्तरों से खरीदारी नजर आई है।
Greg Jensen Told Gold Prices Rising 30% to $2,000
Gold prices, which briefly topped $1,600 last week, could rally to $2,000 an ounce amid heightened political risks, Bridgewater’s co-chief investment officer Greg Jensen told the Financial Times Wednesday.
Gold Price Today: Yellow Metal Down, Geopolitical Factors; Buy on dips – Don’t Sell
Gold Silver prices witness very high volatility on Monday. Gold prices tested $1584 per troy ounce to hit a near 7-year high, and silver prices test $18.50 per troy ounce in the international market.